XPeng raises $400M Series C
XPeng raised $400 million in Series C funding with strategic participation from Xiaomi.
Evidence notes
- Xiaomi joined the financing as a strategic investor.
- The round supported XPeng's smart-electric-vehicle development and commercialization.
- The financing preceded XPeng's approximately $500 million Series C+ in 2020.
Company context
XPeng is an EV manufacturer. In late 2025 it unveiled IRON, a humanoid developed using its existing autonomy stack, battery expertise, and in-house manufacturing capability.